Mobeus Income & Growth 4 VCT (GB:MIG4) has released an update.
Mobeus Income & Growth 4 VCT has announced a strategic merger plan that will consolidate its four companies into two, aiming to enhance cost efficiency, administration simplicity, and shareholder value. The merger, conditional on shareholder approval, is projected to save approximately £798,387 annually and pay back the associated costs in under 18 months. Additionally, the merger will result in enlarged entities with more efficient operations and is expected to offer new funding opportunities through a subscription offer post-merger.
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